Standard Bots (standardbots.com), an American robotics startup, announced the completion of a $200 million Series C funding round led by RoboStrategy, with participation from existing investors including General Catalyst. Following this round, the company’s valuation reached $1 billion, officially joining the ranks of “unicorns.”
Headquartered in Glenkoff, New York, Standard Bots focuses on developing AI-driven industrial robotic arms. Its core innovation lies in “learning through demonstration”—workers don’t need to write code; they simply demonstrate the operating procedures to the robot, and the AI system can autonomously learn and replicate the task. Currently, the company has launched two collaborative robot products: Core (18 kg payload) and Thor (30 kg payload), priced significantly lower than similar products on the market.
This round of funding will be used to expand the Glenkoff factory to 70,000 square feet and accelerate its local manufacturing plans. The company aims to capture 10% of the newly deployed industrial robot market in the US next year and plans to achieve end-to-end domestic production of metal raw materials and finished products in the US by 2027. Standard Bots’ client base includes Amazon, Lockheed Martin, NASA, and the U.S. Army. The company’s CEO, Evan Beard, recently called for a national robotics strategy at a congressional hearing to counter China’s leading advantage in industrial automation—China deployed nine times more industrial robots than the United States last year.
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